Includes bibliographical references (pages 97-103) and index.
1. The rise of premium medicine -- 2. Three health care narratives -- 3. Dollars and decisions -- 4. No perfect health care system -- 5. Insulation vs. insurance -- 6. Matching funding systems to needs -- 7. Markets and evolution -- 8. Policy ideas.
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America's health care troubles largely stem from a great success: modern medicine can do much more today than in the past. So what's the trouble? How to pay for it. In easily comprehensible prose, MIT-trained economist Arnold Kling explains better ways of financing health care for the poor, workers, the disabled, and the elderly.